Hoang Huy Investment Services JSC (STC:HHS) Inventory Turnover : 0.51 (As of Mar. 2024)

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What is Hoang Huy Investment Services JSC Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hoang Huy Investment Services JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫122,226 Mil. Hoang Huy Investment Services JSC's Average Total Inventories for the quarter that ended in Mar. 2024 was ₫238,353 Mil. Hoang Huy Investment Services JSC's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hoang Huy Investment Services JSC's Days Inventory for the three months ended in Mar. 2024 was 177.95.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Hoang Huy Investment Services JSC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.88.

Hoang Huy Investment Services JSC Inventory Turnover Historical Data

The historical data trend for Hoang Huy Investment Services JSC's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hoang Huy Investment Services JSC Inventory Turnover Chart

Hoang Huy Investment Services JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.14

2.56

2.59

1.06

0.96

Hoang Huy Investment Services JSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.05	0.10	0.34	0.35	0.51

Hoang Huy Investment Services JSC Inventory Turnover Calculation

Hoang Huy Investment Services JSC's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	325971.614	/ (	(416808.119	+	261329.528)	/	2 )
=	325971.614	/	339068.8235
=	0.96

Hoang Huy Investment Services JSC's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	122226.402	/ (	(261329.528	+	215377.007)	/	2 )
=	122226.402	/	238353.2675
=	0.51

Hoang Huy Investment Services JSC (STC:HHS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Hoang Huy Investment Services JSC's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	238353.2675	/	122226.402	*	365 / 4
	=	177.95

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Hoang Huy Investment Services JSC's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	238353.2675	/	126520.754
	=	1.88

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Hoang Huy Investment Services JSC Inventory Turnover Related Terms

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Hoang Huy Investment Services JSC (STC:HHS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hoang Huy Investment Services JSC (STC:HHS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

116 Nguyen Duc Canh, Cat Dai Ward, Le Chan District, Hai Phong City, VNM

Website

http://www.hhs.hoanghuy.com.vn

Hoang Huy Investment Services JSC is a Vietnam based company engaged in the business of manufacturing and importing medium and heavy trucks with DONGFENG brand - HO BAC. It is also involved in investing in large-scale real estate projects. The products offered by the company covers tractor truck, 3-foot ben cart, Ben8 ton truck, 4-legged truck, 2-foot barrel truck, trucks 5-foot container, concrete mixing car, and specialized vehicles.